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Cable Update (GBPUSD)

  • #374,081
  • Apr 29, 2014 11:37am Apr 29, 2014 11:37am
Quoting adc
Hi all. I don't post often and have played with some forex pairs fleetingly over the years but G/U is my pair and as such I have been following this thread for years. I can honestly say that at the moment it is the most informative and enjoyable that it has ever been for me. There are good people here, all with their own systems, strategies and opinions, and importantly, showing cordiality, professionalism, humour, truthfulness, camaraderie but most of all, respect. Long may it continue and I hope to contribute occasionally. Because...
@abc:

Welcome, feel free to post anytime.
You have summed up correctly what is going on here.
Sometimes though, if the thread is not managed with positive, mature and like minded traders, it can get out of hand.

My wife gets back tomorrow, so after Wednesday, I'm not allowed to post again for sometime.

HDA OUT
  • #374,082
  • Apr 29, 2014 11:37am Apr 29, 2014 11:37am
Good day,

Thread has party vibes. That is good..

Posting my trades for the day. Remained at just above 78% wins. Winner average slightly larger than losers. so still good.

Think I'm a scalper. GU shorts still open. Not included.

Trade well
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  • #374,083
  • Apr 29, 2014 11:37am Apr 29, 2014 11:37am
Quoting maximinus
{quote} Is'nt October the month of market krach. So our Navin will be in the media as the man who predicted the krack and he will become the next wall street guru. Hey Nav, do you agree with this And the next krach will be more disastrous than the Ocotber 1929's.
of course this is the master plan
  • #374,084
  • Apr 29, 2014 11:41am Apr 29, 2014 11:41am
Quoting maximinus
{quote} Hi elbert, I don't trade the euro, nevertheless I'm bull up to 3976. No serious bear movement imo without 1.3970/1.40
just going with the flow topk 60 pips but it stopped on the 200, the emas are now down quickly the 20 is down to 3817 looks like it wants to go below 3800
  • #374,085
  • Apr 29, 2014 11:41am Apr 29, 2014 11:41am
Quoting maximinus
{quote} I wish that he not only remember us, but he will give a mega party with champagne and girls....
@maximinus:

My wife wouldn't allow me to go

albchr, i know you, resist the temptation. shhhhhhhhhh!!!!! One more laugh and I will die.

HDA OUT
  • #374,086
  • Apr 29, 2014 11:44am Apr 29, 2014 11:44am
Quoting HDA
{quote} @abc: Welcome, feel free to post anytime. You have summed up correctly what is going on here. Sometimes though, if the thread is not managed with positive, mature and like minded traders, it can get out of hand. My wife gets back tomorrow, so after Wednesday, I'm not allowed to post again for sometime. HDA OUT
Agree entirely HDA. About the thread and the contributors that is. Back tomorrow, maybe with a chart. Shock, horror. Rgds, Angus
  • #374,087
  • Apr 29, 2014 11:45am Apr 29, 2014 11:45am
check how I make a profit on EU 15 min.

Trade long

Regards
  • #374,088
  • Apr 29, 2014 11:47am Apr 29, 2014 11:47am
sorry..

chart
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  • #374,089
  • Apr 29, 2014 11:47am Apr 29, 2014 11:47am
Quoting adc
{quote} Agree entirely HDA. About the thread and the contributors that is. Back tomorrow, maybe with a chart. Shock, horror. Rgds, Angus
@abc:

You are correct, the chart would be the list of things she bought

HDA OUT
  • #374,090
  • Apr 29, 2014 11:53am Apr 29, 2014 11:53am
Quoting TauTrader
Good day, Thread has party vibes. That is good.. Posting my trades for the day. Remained at just above 78% wins. Winner average slightly larger than losers. so still good. Think I'm a scalper. GU shorts still open. Not included. Trade well {image}
well done bro
  • #374,091
  • Apr 29, 2014 11:53am Apr 29, 2014 11:53am
Quoting TauTrader
check how I make a profit on EU 15 min. Trade long Regards
nice trading dude but that's one weird looking chart!
beginning to think scalping is the only way to go......
  • #374,092
  • Apr 29, 2014 11:54am Apr 29, 2014 11:54am
Quoting HDA
{quote} @abc: You are correct, the chart would be the list of things she bought HDA OUT
Ouch, that'll be a serious short on your wallet. What was it you were saying about management? lol.

OK that's me. On to tomorrow. I don't know where it's going yet. I'll be on the case at 07:30 BST tracking with the 5 minute, looking at fibs on the daily and executing on the 1 minute. Rgds all. ADC
  • #374,093
  • Apr 29, 2014 11:59am Apr 29, 2014 11:59am
Quoting nAVIN2007
{quote} well done bro
Sir, N

My respect remains..

As always.

Trying to show that your own is sometimes better..

I'm a bad trader. Just running with the flow. you know.

I appreciate your wishes. I do. and I thank you..

See each other on the other side.

All success
  • #374,094
  • Apr 29, 2014 12:02pm Apr 29, 2014 12:02pm
Quoting jonnypants
{quote} nice trading dude but that's one weird looking chart! beginning to think scalping is the only way to go......
Haha, sir PANTIES

I know - I look at it sometimes and go .. WTF?

It however works.

I have good results on 5min, 15 min and 30min. Longer term charts still freak me out a bit.

May you prosper!

TAU out
  • #374,095
  • Apr 29, 2014 12:05pm Apr 29, 2014 12:05pm
Quoting TauTrader
{quote} Sir, N My respect remains.. As always. Trying to show that your own is sometimes better.. I'm a bad trader. Just running with the flow. you know. I appreciate your wishes. I do. and I thank you.. See each other on the other side. All success
u are not a bad trader!! ..why would u say this??
too be totally honest u are one of the best i know and your making pips...u can scalp and trade long term

i just hope i survive to change things
what i am doing is not trading but praying

have faith bro its all we have
  • #374,096
  • Apr 29, 2014 12:18pm Apr 29, 2014 12:18pm
gbp jpy at res
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #374,097
  • Apr 29, 2014 12:21pm Apr 29, 2014 12:21pm
Quoting nAVIN2007
{quote} u are not a bad trader!! ..why would u say this?? too be totally honest u are one of the best i know and your making pips...u can scalp and trade long term i just hope i survive to change things what i am doing is not trading but praying have faith bro its all we have
sir, Nav

I thank you for your kind comments. It is appreciated.

I like to be the underdog. Always. I know shit about fundies. I do not know the jargon about levels, or Fibs or Pivots or Dragi, or Feds, or risk on, or risk off or 200 sma or 20 sma or your neighbie's wife swallowing.. It all means nothing to me. ( well - I would like to know your neigbor). I'm the little rock in the shoes of the purist bullshitters on FF.

You need to take charge here. If you are confident. work the trade. If you are not confident, close.

I do have 1.5732 to offer you. I just do not know when..

All success
  • #374,098
  • Apr 29, 2014 12:22pm Apr 29, 2014 12:22pm
Quoting nAVIN2007
{quote} words can be cheap..infact if u are indeed trading for an institution and u cant see this is a major resistance level thats quite a concern.. also with regard to Stop loss it meets my reward so there is nothing wrong, one must simply not be attached to his trade..life goes on, I can quite easily hold for an indefinite length of time because i dont actually feel anything. I AM NOT WORN OUT or feel like i have been in the trade for any length of time. This i think is the difference i can also quite easily hold a trade for 1k pips as well..it...

Naveen I can tell you that some funds don't use technical and are quite contrarian and are old school!!! I know this as have mentored some newbies that have looked at private mentoring out side the firm etc and have told me how their bosses trade etc.


So I would say institutions trade differently, some use Technicals, Some use Fundamentals and some us both
  • #374,099
  • Apr 29, 2014 12:23pm Apr 29, 2014 12:23pm
Quoting Bones
gbp jpy at res {image}
hope u are right amigo u short on cable bro.. what are u seeing?
  • #374,100
  • Apr 29, 2014 12:23pm Apr 29, 2014 12:23pm
clue for cable ?
Attached Image (click to enlarge)
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On-site guru & also FF member's' psychiatrist, when not drinking tea
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